“News neutrality by unbiased coverage”
One News Page
> >

US Financial Markets Shaky After Huawei CFO Arrest Sparks Major Losses

WorldNews Thursday, 6 December 2018 ()
US Financial Markets Shaky After Huawei CFO Arrest Sparks Major LossesAfter a number of reports indicated the potential United States and China trade deal was in jeopardy on Thursday, stock markets in the U.S. drastically fell, according to The Washington Post. The Dow Jones industrial average fell by more than 625 points, nearly 2.5 percent, while the tech-heavy Nasdaq was down 1.9 percent into correction territory. The Standard & Poor’s 500-stock index was off 2.2 percent. Analysts said the Dow and S&P 500 both eliminated all the gains for 2018 and are officially having their worst quarter in seven years. The Organization of Petroleum Exporting Countries scheduled a meeting on Thursday in Vienna to address a planned production cut of 1 million barrels per...
Credit: Cheddar Inc. - Published < > Embed
News video: Markets End Week with Deep Losses as Huawei CFO Is Charged With Fraud

▶ Markets End Week with Deep Losses as Huawei CFO Is Charged With Fraud 00:50

The markets plunged again on Friday, capping off a wild week on Wall Street. Fears of slowing global growth, exacerbated by U.S.-China tensions, and a weaker-than-anticipated jobs report contributed to the losses. The tech-heavy Cheddar 50 Index, which measures the performance of Cheddar's 50 top...

Recent related news from verified sources

Canada defends Huawei arrest after markets wobble

Canada on Thursday defended its arrest of an executive of Chinese tech giant Huawei on a US extradition request after markets wobbled on fears of fresh friction...
BGR India - TechnologyAlso reported by •IndiaTimes

Global markets: stocks down on China exec arrest; oil slips on OPEC decision delay

By Laila Kearney NEW YORK (Reuters) - Stock markets around the world sank on Thursday as the arrest of a top Chinese technology executive threatened to strain an...
Firstpost - BusinessAlso reported by •RTTNews

Markets Right Now: Stocks open sharply lower on Wall Street

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening sharply lower as the arrest of a senior Chinese... - Business

You Might Like

Tweets about this

Other recent news in Front Page

One dead and six injured in gun attack near CHRISTMAS market in StrasbourgJamal Khashoggi and ‘The Guardians’ named Time PERSON OF THE YEAR 2018
GOOGLE CEO explains to Congress why Trump comes up when you search 'idiot'Trump bickers with top Democrats over BORDER WALL funding
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest